News Details
Exclusive: Hamilton’s Salary Demands Preventing New Mercedes Contract
Lewis Hamilton’s unwillingness to take a pay cut is hindering his contract extension negotiations with the Mercedes F1 team, a source in the paddock has told Formula1News.co.uk. The Brit is currently earning around £40 million per year with the Silver Arrows, but they are looking to reduce this by around 60 percent in light of the coronavirus-induced global economic crisis, the source added. READ: Sergio Perez & Hulkenberg Are Potential Options For Red Bull – Marko Hamilton, however, is reportedly not willing to take such a steep pay cut – and this disagreement is what led to the impasse in
The post Exclusive: Hamilton’s Salary Demands Preventing New Mercedes Contract appeared...
Full Story »
Full Story »
3y ago from Formula1News.co.uk
0
You May Also Be Interested In...
New Teams Should Be Allowed To Buy Existing Cars –...
With new entrants now required to pay a $200 million fee to the existing...
3y ago from Formula1News.co.uk
Red Bull Insist There’s No Engine Clause In Max...
Red Bull team principal Christian Horner has insisted that Max Verstappen...
3y ago from Formula1News.co.uk
McLaren driver starts Eifel GP with new Mercedes engine
Lando Norris starts the Eifel Grand Prix with a new engine in the back of...
3y ago from GPBlog.com
Horner: No engine clause in Verstappen's contract
Max Verstappen does not have a clause in his Red Bull contract allowing...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
3h ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
7h ago from Motorsport.com
Marquez: Rossi-like Acosta can't be ruled out of...
No description available...
1d ago from Motorsport.com
Quartararo stresses ‘quality over quantity’ with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Pourchaire earns second IndyCar outing with Arrow...
Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
7h ago from MotorsportWeek.c...
Arrow McLaren confirms Pourchaire for Barber...
No description available...
7h ago from Motorsport.com
Pourchaire eager for more IndyCar after “amazing”...
No description available...
1d ago from Motorsport.com
Palou plans to study how Dixon made race-winning fuel...
In IndyCar’s Grand Prix of Long Beach held last Sunday, Scott Dixon took...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
1d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
1d ago from Motorsport.com
Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...
Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...
1d ago from MotorsportWeek.c...
Neuville: WRC Croatia not a “disaster” after final...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Video: Arsenal's Kai Havertz scores brace to rub salt...
Kai Havertz has scored a brace against his former club Chelsea to secure...
54m ago from CaughtOffside.com
Five-star Arsenal thrash Chelsea to go three points...
Arsenal provided a major statement about their title credentials as they...
34m ago from SkySports.com
'I think it will be a crime, really' - Rio Ferdinand...
No description available...
34m ago from SportsKeeda.com
Video: Ben White scores best goal of his career but...
Arsenal lead Chelsea 5-0 at the Emirates Stadium and the best goal of the...
34m ago from CaughtOffside.com
Comments
Hottest News
Hamilton car camera captures Verstappen's TRUE feelings...
A touching moment at the Chinese Grand Prix... Read More »
4h ago from GPFans.com
F1 team 'set to announce MEGA signing' in major Red Bull...
Ferrari have already signed Lewis Hamilton for... Read More »
2h ago from GPFans.com
Ricciardo boss in 'super disappointing' claim amid RB...
Daniel Ricciardo had an abject Chinese Grand... Read More »
1h ago from GPFans.com